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SEC Makes Sweeping Changes To Private Fund Adviser Regulatory Regime: Mandates Quarterly Reporting, Restricts Preferential Treatment And Side Letters - Financial Services

In a 3-2 vote on August 23, 2023, the Securities and Exchange Commission ("SEC" or "Commission") adopted five new rules under the Investment Advisers Act of 1940 (the "Advisers Act")...
Fund Adviser Fund Advisers Applicable To All Private Fund Advisers Investment Advisers Act Fund Adviser Rules Negligence Standard
Source: mondaq.com

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